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Small Mobile App Investment Opportunity in Indore, India

Android app based platform to hire handyman services and also buy vegetables, fruits, and handmade chocolates.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 1.8 thousand
Run Rate Sales USD 7 thousand
EBITDA Margin Nil
Industries Mobile Apps
Locations  Indore
Local Time 5:13 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 36 thousand for 20.0% stake (Native Currency: INR 3,000,000)
Reason: Marketing and promotion of our brand and for expansion across India.
Includes physical assets worth USD 7 thousand
Documents
Business Overview

It's a mobile app based platform where customers can hire handyman services and also buy vegetables online. Since inception, we have served 500+ customers. About 60% of customers we have served were for the handyman services.

Handyman services segment: Have 40+ handyman in our network who work with us on a contract basis. We pay them for each services they complete.

Vegetable segment: Have established tie-ups with 10+ vegetable shops. The delivery is taken care by the shop owners. Our revenue is 30% commission we charge from them.

Business owned assets include 8 computers, 3 laptops, furniture, and office equipment.

Products & Services Overview

- Handyman service: Bike & car repairs & services, electricians, plumbers and other related services.

- Vegetable, handmade chocolate s, fruits or more segment: Customers buy through our app.

Facilities Overview

1,500 sq ft of office on rent.

Capitalization Overview
Not Disclosed
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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